FSZNX

About FSZNX

Fidelity Advisor Sustainable Target Date 2055 Fund Class Z is a target date mutual fund designed primarily to help investors plan for retirement with an anticipated horizon around the year 2055. Its primary function is to offer a diversified investment strategy that adjusts its asset allocation over time, becoming more conservative as the target retirement date approaches. The fund distinguishes itself through a focus on sustainability, investing primarily in underlying Fidelity funds that integrate environmental, social, and governance (ESG) criteria into their investment processes. As of late 2024, its portfolio consists mainly of domestic and international equity funds with a sustainability mandate, along with a modest allocation to bond and inflation-protected securities. By leveraging proprietary ESG research, the fund seeks to balance long-term growth objectives with the principles of responsible investing. This structure makes it relevant for investors who seek both potential capital appreciation and an emphasis on sustainability practices within their retirement strategies.